DJIA will be ~12k in approx. 30 days...

Nothing holds it up.. it can never fall. It's like.. lighter than the atmosphere.. it just goes up and up..

I have to say that we expected a major decline in Q4 last year. So we will see. Looks like it will be Q2 this year perhaps

Yeah OP, that big 10 pt crash that happened today totally indicates a correction...

WW3 will crash this biatch. Plus Bolton and Pompomeo, THE MEGA WAR HAWKS, will be sure to usher in the new hell on Earth. Give it another week or two.

I think the DOW WILL BE AT 0 by June/July.

Guaranteed 119%.

Hey dumb fuck... are you blind? Several hundred points in moves shows extreme volatility... damn your fucking stupid...

Cash out of house in the burbs now, and have money to pick up land in the country after.

Or get stuck with a house that you cannot unload if you wait.

Exactly-I see a lot of the same s*** that happened in '07-'08 occurring today - housing prices on a tear, loans being made on 'stated income', multiple offers and bidding wars breaking out on houses. We've all seen this before and know how it ends.....

The stock market has been fueled by fed largesse and nothing else. They print money out of thin air and purchase real assets with it (or have their surrogates do it - the primary dealers who also happen to own the fed). The feds balance sheet in '08 was 800 Billion - it is now 4-5 Trillion. They can't keep this up much longer and,yes, the Petroyuan is going to be damaging, too. The dollar is going to lose any relevance as a 'reserve' currency.

Why is this absolute horse shit pinned?

its worth half that on a good day.

Correct.

Watch The Big Short to see how long these things drag out. It happens but never as fast as Op and others think.

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“All the data we've seen over the last few weeks has basically been that the consumer is maxed out, we've seen that in credit card loans as well, so I think the consumer is done spending the money,” said Jakobsen.

Mock the OP if you like, there's lots of folks that agree with him.

I am out. I told everyone at work to get out and they have been laughing at me for weeks. I made $3.79 cents in interest last month and they all lost thousands, but they are still laughing at me? People really are sheep and do what the media tell them to do.

+10000%

Ironic is the .gov that buys land they already own, that they lease out through the property tax system.

This isn't exactly "uncle intel", This is well known in financial circles, its not a secret.
Inter Bank lending IS freezing up. The same thing happened before 2008 crisis...

Ignore the warnings at your own risk, you've been warned.

I heard negative news about Deutche Bank, they are extremely heavy in the deriatives market. I heard if they implode which is very likely, it will cause a global economic collapse for mostly western countires. The EU cant bail them out because they are bigger than the German economy! I heard precious metals and cryptos will skyrocket dramatically from panicked people getting out of Fiat currency and western equity markets! People will seek these safe havens because they arent tied to derivatives and are independent of any country.

Libor rate is well known & so is DB.
Usually when a crash like OP is predicting some unknown event will occur that's not discounted yet.

Libor & DB has been watched & known for years.

They are mentioned regularly on financial networks.

Last Edited by eagleman on 03/28/2018 06:51 PM

If you look at the goepolitical landscape, petro Yuan, Russia and China amassing and hoarding huge amounts of Gold, no one buying US Treasuries and dumping them, doesn't look good. Any of these can be a cataylst for an unexpected event.

Especially all the war games and positioning, drills in the South China Sea and Korean peninsula. Ongoing activities in Syria by many parties can lead to an unexpected event as well.

I think you are right op , the time table by not be right. It’s not rather its gonna happen it’s when is it gonna happen.anyone with a half a brain cell should see it coming.

I'm beginning to think those war games are a ploy to boost
defense spending. Every Spring they posture and threaten like this it,,, the big one, but nothing happens.

Then they order more tanks, planes, bombs, carriers, and
a space force to keep the hogs in the MIC in the pink.

When the hogs are happy they think the economy is happy.

The only way that the OP would be right is if the whole economy collapses. In this day and time all money is based on leverage. That's why it can't go down to far. If the columns that the leverage is built on buckle, IT OVER. There is no recovery from a deflation in asset prices. Leverage is based on those asset prices. If there is deflation in asset prices the leverage pillars will break and there is no putting them back together "ever" again. NONE !

I say the OP will be proven wrong. TPTB will not let the dollar crumble and they can just print up more money to save the system. If it drops below 20K and for a sustained time period it will be over.

hey dumbfuck. they DO want the system to crash.

they want to implement a CASHLESS system. look up 1988 economist cover. EVERYTHING HAS BEEN PRE-PLANNED DECADES IN ADVANCE.

goddamn you are a moran.

Not true dumbass. Didn't they just sign the largest military budget in history ? You think we have all those military bases around the world to protect everyone ??? LOL !! They are spread around the world so that they force the world to utilize the dollar as they have since 1945. The Dollar is power. How will they maintain any "power" if the dollar crashes ?

You're dumber than a $3 dollar bill.

and another thing dumb dumb, when was the last time a bribe was paid with a check ? Bribes are only paid in cash.